Jordan Belfort
Jordan Belfort defrauded investors through securities and initial-public-offering schemes and laundered money. His court-ordered restitution was $110,362,993.87; a 2014 court-reviewed victim list contained more than 1,300 names.
At a glance
- What happened
- He pleaded guilty to securities fraud, money laundering, and fraud involving numerous initial public offerings. The offenses victimized individual investors.
- When
- Sentenced in October 2003; the federal court described his restitution and victim list in its June 11, 2014 order.
- Where
- The criminal case was heard in the Eastern District of New York.
- Why / motive
- A specific personal motive is not established in the cited court record.
- Outcome
- Sentenced to 42 months in prison followed by three years of supervised release, with $110,362,993.87 restitution. The 2014 order confirmed that the restitution remained collectible after supervision ended.
Who is involved
- Jordan Belfort — subject
Sources
- Jordan Belfort — source evidence“Paraphrase: Jordan Belfort”
- Jordan Belfort — source evidence“Paraphrase: Jordan Belfort defrauded investors through securities and initial-public-offering schemes and laundered money. His court-ordered restitution was $110,362,993.87; a 2014 court-reviewed victim list contained more than 1,300 names.”
- Jordan Belfort — source evidence“Paraphrase: He pleaded guilty to securities fraud, money laundering, and fraud involving numerous initial public offerings. The offenses victimized individual investors.”
- Jordan Belfort — source evidence“Paraphrase: Sentenced in October 2003; the federal court described his restitution and victim list in its June 11, 2014 order.”
- Jordan Belfort — source evidence“Paraphrase: The criminal case was heard in the Eastern District of New York.”
- Jordan Belfort — source evidence“Paraphrase: Sentenced to 42 months in prison followed by three years of supervised release, with $110,362,993.87 restitution. The 2014 order confirmed that the restitution remained collectible after supervision ended.”
- Jordan Belfort — scheme purpose“Paraphrase: A specific personal motive is not established in the cited court record.”
Sources last checked: Not recorded · Dossier last changed: · Editorially reviewed: Not yet reviewed.